We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
Despite Collapsing Hike Odds, Rising Yields Kept Indian Gold, Silver Below Their Floors
Snap Shot: Most of the damage in the week ending 2 October landed before the good news arrived, and the good news then failed to repair it. August core PCE inflation, released on 30 September, rose 3.0% from a year earlier against expectations of 3.3%, helped partly by methodology changes at the Bureau of Economic Analysis. September payrolls on 2 October then added just 29,000 jobs against forecasts near 90,000, with unemployment at 4.2% and August revised down to 133,000
Despite Collapsing Hike Odds, Rising Yields Kept Indian Gold, Silver Below Their Floors
Snap Shot: Most of the damage in the week ending 2 October landed before the good news arrived, and the good news then failed to repair it. August core PCE inflation, released on 30 September, rose 3.0% from a year earlier against expectations of 3.3%, helped partly by methodology changes at the Bureau of Economic Analysis. September payrolls on 2 October then added just 29,000 jobs against forecasts near 90,000, with unemployment at 4.2% and August revised down to 133,000
Top News
Global Platinum Jewellery Market Rebounds
Mumbai: Platinum Guild International (PGI), a worldwide marketing organization dedicated to creating, expanding, and strengthening consumer and trade markets for platinum jewellery, has shared its findings from its Platinum Jewellery Business Review update for Q1 2025, highlighting strong growth across key global markets, led by a significant recovery in China. Platinum jewellery is seeing renewed global momentum, with China leading
India not to Ask Nirav Modi About PNB Scam
London: Ahead of the extradition hearing of fugitive diamantaire Nirav Modi at Westminster Court, India has assured the United Kingdom that the Fugitive Economic Offender will not be “questioned” in connection with the $2 billion Punjab National Bank (PNB) fraud case. A written assurance or sovereign guarantee to this effect has been submitted to the UK authorities through the Crown
De Beers Launches Desert Diamonds Beacon
London: De Beers Group has announced the consumer launch of Desert diamonds, the first new ‘beacon’ it has developed in over a decade, supported by its largest category marketing investment in more than ten years. A De Beers beacon is a celebration of natural diamonds that is manifested through a jewelry concept designed to galvanize the industry around a central
Amit Pratihari Named MD, GIA India Laboratory
Mumbai: The board of directors of GIA India Laboratory Pvt. Ltd. (GIA India) has appointed Amit Pratihari as managing director, responsible for all aspects of GIA India’s gemological laboratories in Mumbai and Surat, as well as the GIA India school in Mumbai. Reporting to the board of directors of GIA India, he assumed his responsibilities on October 1. Amit’s deep experience
Registration for CIBJO Congress 2024 Opens
Milan: Registration for the 2024 congress of the World Jewellery Confederation (CIBJO) is now open. Delegates and other participants may register for the congress via a dedicated congress website located at: www.cibjo.org/congress-2024/. CIBJO’s 2023 annual congress will take place in Shanghai, China’s financial centre and the gateway to what is today the world’s largest jewellery market, from November 2 to
DGFT Revises Wastage Norms for G&J Exports
Mumbai: On behalf of the industry, the Gem & Jewellery Export Promotion Council (GJEPC) extends its heartfelt appreciation to the Directorate General of Foreign Trade (DGFT), Ministry of Commerce & Industry for their recent decision to put in abeyance the changes in maximum permissible wastage norms for gold, platinum, and silver content in jewellery exports. In a virtual meeting called
IIJS Prime Assure Sets New Record
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) has announced the successful closure of stall applications for IIJS Prime Assure. An impressive 2200+ companies have applied for over 14,500 stalls. Mr. Vipul Shah, Chairman of GJEPC, expressed his gratitude, saying, “We extend our heartfelt thanks to our members for their steadfast support! The overwhelming response highlights the trust and
AWDC Pleas for Multiple Rough Verification Points outside EU
Antwerp: The spokesperson of Antwerp World Diamond Centre (AWDC) has issued a statement as below: “We strive for a transparent and sustainable diamond industry worldwide and we put the utmost importance to the highest ethical standards. This has been our position for years and will be for a long time to come, it is inherently linked to our DNA. We
